Greenland Hong Kong Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Greenland Hong Kong Holdings has a total shareholder equity of CN¥18.9B and total debt of CN¥14.4B, which brings its debt-to-equity ratio to 76.1%. Its total assets and total liabilities are CN¥124.0B and CN¥105.2B respectively. Greenland Hong Kong Holdings's EBIT is CN¥599.8M making its interest coverage ratio 4.3. It has cash and short-term investments of CN¥977.2M.
Key information
76.1%
Debt to equity ratio
CN¥14.35b
Debt
| Interest coverage ratio | 4.3x |
| Cash | CN¥977.23m |
| Equity | CN¥18.87b |
| Total liabilities | CN¥105.16b |
| Total assets | CN¥124.03b |
Recent financial health updates
These 4 Measures Indicate That Greenland Hong Kong Holdings (HKG:337) Is Using Debt Extensively
Dec 06
These 4 Measures Indicate That Greenland Hong Kong Holdings (HKG:337) Is Using Debt Extensively
Oct 28We Think Greenland Hong Kong Holdings (HKG:337) Can Stay On Top Of Its Debt
Apr 20Recent updates
These 4 Measures Indicate That Greenland Hong Kong Holdings (HKG:337) Is Using Debt Extensively
Dec 06These 4 Measures Indicate That Greenland Hong Kong Holdings (HKG:337) Is Using Debt Extensively
Oct 28Greenland Hong Kong Holdings Limited's (HKG:337) CEO Compensation Is Looking A Bit Stretched At The Moment
Jun 22We Think Greenland Hong Kong Holdings (HKG:337) Can Stay On Top Of Its Debt
Apr 20What You Need To Know About Greenland Hong Kong Holdings Limited's (HKG:337) Investor Composition
Mar 16What Type Of Returns Would Greenland Hong Kong Holdings'(HKG:337) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Feb 15Are You An Income Investor? Don't Miss Out On Greenland Hong Kong Holdings Limited (HKG:337)
Jan 20
How Does Greenland Hong Kong Holdings' (HKG:337) CEO Salary Compare to Peers?
Dec 27What Kind Of Investors Own Most Of Greenland Hong Kong Holdings Limited (HKG:337)?
Dec 03Financial Position Analysis
Short Term Liabilities: 337's short term assets (CN¥104.8B) exceed its short term liabilities (CN¥99.9B).
Long Term Liabilities: 337's short term assets (CN¥104.8B) exceed its long term liabilities (CN¥5.2B).
Debt to Equity History and Analysis
Debt Level: 337's net debt to equity ratio (70.9%) is considered high.
Reducing Debt: 337's debt to equity ratio has reduced from 123.8% to 76.1% over the past 5 years.
Debt Coverage: 337's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 337's interest payments on its debt are well covered by EBIT (4.3x coverage).